11/10/22
Why is Independence Important?
 To regulate effectively, the regulator must apply the law to facts on the basis of legal and regulatory policy considerations in much the same way as a judicial body operates, but for the purpose of achieving the regulatory objective: Enforcing Compliance with the Law
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 Regulatory bodies are responsible for making hard decisions that may be politically unpopular, e.g.  Denial of a gaming license to someone well-liked in the community  Imposition of a fine or sanction  Order to suspend use of or remove equipment
Independence
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